Reuters logo
Mexico's competition watchdog fines Slim company $52 mln
February 7, 2013 / 4:06 PM / 5 years ago

Mexico's competition watchdog fines Slim company $52 mln

MEXICO CITY, Feb 7 (Reuters) - Mexico’s competition watchdog on Thursday fined the fixed-line phone company controlled by Carlos Slim $52 million for monopolistic practices, according to a commissioner to the Federal Competition Commission.

Telmex, which is part of Slim’s phone behemoth America Movil , was fined 657 million pesos, commissioner Miguel Flores announced via twitter.

A spokesman for the competition commission did not immediately respond to a request for details.

A Telmex spokeswoman declined to comment immediately.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below